$1,650,000
Listed at $1,698,0004 bd•1.5 ba•2,834 sq ft
5 Wembley Lane, Mercer Island, WA 98040
• Listed 2025-05-27
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Based on information submitted to the MLS GRID as of August 28, 2025 at 04:01am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Live the resort life in this special enclave of 10 homes surrounding a coveted community pool. Mid-century design w/ huge windows, vaulted ceilings & exposed beams. Open & inviting living room w/ refinished hardwoods & fireplace flows to the dining room & attached deck to dine & entertain alfresco. Chef's kitchen w/ gas range, abundant counters & lush outlook. Generous primary suite w/ west-facing deck to soak in sunsets, fully fitted bath & office, plus additional bed/bath. Lower level boasts 2 big bedrooms, an oversized rec room for play w/ 2 extra rooms great as bedrooms/office/workout, 3/4 bath, laundry & storage. Refreshed w/ new paint, flooring, lights, newer roof, AC & wired for generator. Top-rated schools & prime mid-island locale.
Listed by Martha A Belmont • COMPASS
Listing updated: August 28, 2025 at 04:01am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2381594
Open houses
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Nearby open houses (8)
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Open Thu, Jun 25
Open Thu, Jun 25
Open Sat, Jun 27
Open Sat, Jun 27
Open Sat, Jun 27 +1
Open Sat, Jun 27 +1
Open Sun, Jun 28$2,063,000
+$413,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.65M and $3.09M.
Rental earnings
$6,200/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$1,650,000Last sold price
5 Wembley Lane, Mercer Island, WA 98040
$3,091,250Last sold price
4710 86th Avenue Se, Mercer Island, WA 98040
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
Neighborhood mobility
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Scott Richards · Windermere Real Estate/East
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Sarah Ford · Coldwell Banker Bain
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Mercer Island is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 6 days.
$2,150,000 Sold
4 weeks ago
4 bd•2.5 ba•~3,765 sq ft•Single Family
4701 84th Avenue Se, Mercer Island, WA 98040
6%
Under list
—
Days on market
0.2 mi
Distance
$1,750,000 Sold
5 weeks ago
4 bd•1.5 ba•~2,840 sq ft•Single Family
16 Wembley Lane, Mercer Island, WA 98040
8%
Under list
—
Days on market
0.1 mi
Distance
$2,215,000 Sold
5 weeks ago
4 bd•2.5 ba•~4,440 sq ft•Single Family
9261 Se 46th Street, Mercer Island, WA 98040
8%
Under list
—
Days on market
0.5 mi
Distance
$2,315,000 Sold
6 weeks ago
4 bd•1.5 ba•~2,420 sq ft•Single Family
9525 Mercerwood Drive, Mercer Island, WA 98040
1%
Under list
—
Days on market
0.8 mi
Distance
$2,785,000 Sold
6 weeks ago
4 bd•2.5 ba•~3,270 sq ft•Single Family
3712 88th Avenue Se, Mercer Island, WA 98040
3%
Under list
—
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Mercer Island School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
